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INDONESIA’S PERTAMINA TO DOUBLE ITS FLEET CAPACITY TO MORE THAN 600 VESSELS

INDIA DECLARED VARIOUS STEPS TO RESOLVE THE MARITIME WOES OF TRADERS

MV DALI OWNER SUED BY THE BALTIMORE BRIDGE COLLAPSE SURVIVOR

LIQUIFIED GAS CARGO SHIP UNDER SANCTIONS WAS SPOTTED OFF IRELAND’S GALWAY COAST

TITANIC FATE FOR IRELAND’S MV SHINGLE

MARITIME OPERATIONS IN NIGERIA ARE SEVERELY HIT DUE TO SILT BUILDUP IN ESCRAVOS CHANNEL

TOP NEWS

INDONESIA’S PERTAMINA TO DOUBLE ITS FLEET CAPACITY TO MORE THAN 600 VESSELS

Pertamina

19 Sept 2024

TAT Newsdesk

INDONESIA’S PERTAMINA TO DOUBLE ITS FLEET CAPACITY TO MORE THAN 600 VESSELS

The shipping arm of the company aims to take its current fleet size of 320 tankers fleet size to double the numbers in the next 10 years.

Pertamina International Shipping (PIS), the shipping unit of Indonesia's national energy company Pertamina plans to double its fleet of 320 tankers in the next 10 years, announced the unit’s s CEO Yoki Firnandi in Houston on Thursday. The expansion is aimed at reducing the average age of the company's fleet. Alongside this aim, an investment into vessels to transport Liquefied Natural Gas (LNG) is also being pursued by the company.

Indonesia falls in the top 10 LNG producing nations of the world. IN 2023, it exported 16 million metric tons of LNG, which is 5% of the global LNG production. Therefore, gravitating towards cleaner fuel for its maritime industry is the natural course for Indonesia. Firnandi shared that as a part of its global commitment towards reducing carbon footprints of Indonesia’s maritime industry, the nation is trying to switch to cleaner alternate fuels for its tankers. “There will be a lot of homework to do”, he added referring to the IMO 2020 regulations that transformed the global maritime fuel standards. In 2021 the company entered into strategic agreement with Japan’s Shipping Company Nippon Yusen Kaisha with potential collaboration for LNG logistics business. PIS secured a $185 million syndicated loan for the purpose of funding its infrastructure projects and upgrading its fleet.

MV DALI OWNER SUED BY THE BALTIMORE BRIDGE COLLAPSE SURVIVOR

Wikipedia

19 Sept 2024

TAT Newsdesk

MV DALI OWNER SUED BY THE BALTIMORE BRIDGE COLLAPSE SURVIVOR

The owner of cargo vessel MV Dali is being sued by Damon Davis, who survived the disaster when the ship crashed in to the Francis Scott Key Bridge in Baltimore, USA

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TITANIC FATE FOR IRELAND’S MV SHINGLE

18 Sept 2024

TAT Newsdesk

TITANIC FATE FOR IRELAND’S MV SHINGLE

Ireland to make an artificial reef by drowning a smuggler’s ship intercepted in 2014 and seized for smuggling millions of cigarettes.

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INDIA DECLARED VARIOUS STEPS TO RESOLVE THE MARITIME WOES OF TRADERS

Doordarshan

19 Sept 2024

TAT Newsdesk

INDIA DECLARED VARIOUS STEPS TO RESOLVE THE MARITIME WOES OF TRADERS

Government announced various steps, including reduction in certain port charges and purchase of containers by SCI to ease the import-export woes of the shipping industry.

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LIQUIFIED GAS CARGO SHIP UNDER SANCTIONS WAS SPOTTED OFF IRELAND’S GALWAY COAST

Wikipedia

18 Sept 2024

TAT Newsdesk

LIQUIFIED GAS CARGO SHIP UNDER SANCTIONS WAS SPOTTED OFF IRELAND’S GALWAY COAST

A Liquified Natural Gas cargo ship carrying liquified gas which is alleged of breaching the international sanctions against Russian, was spotted off the Galway Coast.

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MARITIME OPERATIONS IN NIGERIA ARE SEVERELY HIT DUE TO SILT BUILDUP IN ESCRAVOS CHANNEL

Arise

17 Sept 2024

TAT Newsdesk

MARITIME OPERATIONS IN NIGERIA ARE SEVERELY HIT DUE TO SILT BUILDUP IN ESCRAVOS CHANNEL

Vessels are often grounded for days as they find it difficult to navigate the heavily silted floor bed of Nigerian waters, resulting in huge losses.

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NEW APPOINTMENTS

Iridium

USA

21 Aug 2024

TIMOTHY LAST

Executive Vice President, Sales and Marketing with effect from 1st Jan, 2025

Iridium Communications Inc.

USA

Nasdaq listed Iridium Communications Inc. has promoted Timothy Last, the Senior Vice President, Sales, Product Management and Customer Care as the new Executive Vice President, Sales and Marketing with effect from 1st Jan, 2025. He will be taking charge from Bryan J. Hartin, who will retire by the end of this year. Timoty Last, better known as Tim Last is currently responsible for the Company's product portfolio, global customer integration and support for commercial sales in the Americas region. He previously served as Vice President and General Manager, Americas.

Iridium

USA

21 Aug 2024

VINCENT O’NEILL

Chief Financial Officer with effect from 1st Jan, 2025

Iridium Communications Inc.

USA

Nasdaq listed Iridium Communications Inc. has promoted Vincent O’Neill, the Senior Vice president of Finance as the new CFO with effect from 1st Jan, 2025. He will be taking charge from Thomas J. Fitzpatrick, who will retire by the end of this year. O’Neill is currently responsible for treasury, strategic and operational financial planning and execution.

LinkedIn

Rotterdam, Netherland

9 Sept 2024

GORDON VAN DER BRUGGE

Bunker Coordinator

Stolt Tankers

Rotterdam, Netherland

Gordon Van Der Brugge has been hired as the new Bunker Coordinator for shipping company Stolt Tankers in Rotterdam, Netherlands from 9th Sept 2024. Before joining Stolt Tankers, Van der Brugge worked with Cockett Group from October 2017 to September 2024 and prior to that he worked for ABC Bunkeroils between 2001 to 2009

New Appointments
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Jason Statham

Neeta

23 Jul 2024

What does the near and far future hold for the company?

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Jason Statham is an English actor and martial artist.

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What is the company's take on the recent policy change?

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How well is the company prepared to handle the the rough weather hitting the industry?

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Please throw some light on the merger and expansion plans of the company

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Please briefly describe your personal joruney with the company

What does your ideal vacation look like

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AUTHORITY SPEAKS

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PORTS

Ports

Here we feature 

SHIPPING

Shipping

DHL, FedEx, DB Schenker, and UPS are some of the most popular shipping services

Established in 1968, Evergreen Marine Corporation is among the world's largest carriers.

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15 Biggest Shipping Companies in the World

Established in 1968, Evergreen Marine Corporation is among the world's largest carriers.

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Top 30 International Container Shipping Companies

Maersk. Maersk, the Danish shipping container company is one of the largest and most influential players

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The 20 Largest Container Shipping Companies In The World in 2024

Established in 1968, Evergreen Marine Corporation is among the world's largest carriers.

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Maersk Shipping Line is an AP Moller- Maersk company branch

Established in 1968, Evergreen Marine Corporation is among the world's largest carriers.

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Here is our list of the 20 biggest shipping companies in the world.

Established in 1968, Evergreen Marine Corporation is among the world's largest carriers.

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LOGISTICS

Logistics
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SEATECH

Efficient. Fast. Secure.

SeaTeach

The Aqua Times is dedicated to finding smart ways of using technology to build a better tomorrow for everyone in the maritime industry. Our focus is on developing efficient, fast, and secure technology to deliver the latest news and exclusive interviews related to the maritime industry. Click below to learn more about our innovative technology or contact us to set up a meeting with one of our representatives.

The Aqua Times is dedicated to finding smart ways of using technology to build a better tomorrow for everyone in the maritime industry. Our focus is on developing efficient, fast, and secure technology to deliver the latest news and exclusive interviews related to the maritime industry. Click below to learn more about our innovative technology or contact us to set up a meeting with one of our representatives.

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TRAINING

Training

Dedication. Expertise. Passion.

Dive into the world of training

FISHERES

Fisheries
Fisheries are interconnected.jpeg
New study maps out how the world's fisheries are interconnected

A new study published in the journal Science reveals that the world’s marine fisheries form a single global network

A new study published in the journal Science reveals that the world’s marine fisheries form a single global network – linked by transnational flows of fish larvae – rather than existing as discrete groups.

Researchers from the United States and the United Kingdom believe that their work could lead to greater international cooperation in the way fish stocks are managed in the future.

Reshma

30 Jul 2024

Fisheries are interconnected.jpeg
Bangladesh Fisheries Sector: Growth Prospects and Opportunities

While exploring the evolution of Bangladesh's fisheries sector, we come accross some intriguing facts

Bangladesh’s agricultural sector contributes 14.2% of GDP, [1] employing 47% of the working population [2], with 17 million people (1.4 million women) depending on fisheries sector for their livelihoods through fishing, farming, fish handling, and processing. Agricultural sector has experienced significant growth over the last couple of decades, with the Bangladesh fisheries sector following suit. According to the data from the Yearbook of Fisheries Statistics (2015-16), the current CAGR for the fisheries sector is 5.28% over the last 10 years. According to industry estimates, fish production will reach 5.02 million metric tonne within 2020-21.

Rudra

30 Jul 2024

Fisheries are interconnected.jpeg
Culture Based Fisheries

A study conducted in 2000 amongs the coastal fisheries of Asia-Pacific region reveals some fascinating facts.

What are culture-based fisheries?
Culture-based fisheries (CBF) are practices to enhance fish stocks in waters that don't have enough natural recruitment to sustain a fishery. CBF practices are usually applied in small water bodies such as village dams and irrigation reservoirs. Fish growth is driven by the natural productivity of the waters. Usually there is no feeding and the fish are left to forage on natural food supplies. Ownership and management of the stock distinguish CBF as form of extensive aquaculture.

JP

30 Jul 2024

Fisheries are interconnected.jpeg
Fishery and aquaculture support provided by European Commission

What does the activation of crisis measures mean for fishery and aquaculture support?

The crisis mechanism, known as the European Maritime, Fisheries and Aquaculture Fund (EMFAF), is intended to bring immediate relief to operators of the fishery, aquaculture, and seafood processing sectors. This will be offered through financial compensation for their economic losses as well as any additional costs.

Abhi

30 Jul 2024

Fisheries are interconnected.jpeg
The global hunt for fish

The art of counting fish in a prescise and perfect manner

No other group of animals is as difficult to monitor as fish. Spotting scopes and radar equipment are used to locate and count migratory birds along their flight paths. Bats can be monitored by placing ultrasound detectors and photoelectric sensors at the entrance of their caves. But what about fish?

NC

30 Jul 2024

Fisheries are interconnected.jpeg
Fish and Overfishing

How are fish stocks changing across the world? How much is overfished?

The world produces around 200 million tonnes of fish and seafood every year. This comes from a combination of wild fish catch and fish farming. In fact, the rapid growth of aquaculture over the last few decades means we now produce more seafood from fish farms than we do from fisheries.

Neeta

30 Jul 2024

Diversions of container ships via the Cape of Good Hope has resulted in a continuous reconfiguration of port calls and vessel sizes.

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CRUISING BY THE SEA

Cruisng by the Sea

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SAILING IN STYLE

Sailing in Style
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23 Jul 2024

Princess Diana

Princess of Wales

Describe your Yatch

The momentous vacation was recently recreated in season six of Netflix’s The Crown and recounted in Prince Harry’s 2023 memoir, Spare. While conversations about the trip often recount what the couple did—and what Diana wore—it’s worth revisiting the stunning vessels where all the escapades took place. Below, AD surveys the two superyachts Princess Diana and Dodi Fayed used during their prominent summer together.

Jonikal, now known as Isabell Princess of the Sea

The sensationalized couple most famously spent time on Jonikal, a 208-foot superyacht. At the time, Mohamed Al-Fayed, Dodi’s father, owned the boat. Reportedly, he originally invited Diana to the yacht in an attempt to play matchmaker between the People’s Princess and his son.

Princess Diana’s Yacht Saga

Revisiting the Boats She Vacationed on With Dodi Fayed

As the infamous settings of the couple’s affair, discover the vessels’ fascinating design history (and one’s tragic ending)
As the infamous settings of the couple’s affair, discover the vessels’ fascinating design history (and one’s tragic ending)

Your favourite activity on the yatch

Describe an interesting encouner on the High Seas

After the original trip with her children, the princess returned to the boat a second time with just the younger Fayed. According to Vanity Fair, Fayed catered to all of Di’s preferences, even letting her pick the music that played. Reportedly, she opted for tunes by George Michael, Frank Sinatra, and the English Patient soundtrack.


Nearby, a brigade of press boats captured a number of photos of Princess Diana on the yacht, formally immortalizing the vessel. Most famously, Princess Diana was captured sitting alone on the vessel’s passerelle in a now iconic image. According to Boat International, the yacht most recently sold in 2023.

Cujo

As Robb Report describes it, Cujo, a 65-foot military-style superyacht was once the most famous in the world thanks to her high-profile passengers. In 1997, Fayed reportedly used this smaller vessel to woo the princess.

Please briefly describe your personal joruney with the company

The impressive yacht was originally launched in 1972, commissioned by its first owner John von Neumann. According to Robb Report, Von Neumann hired Italian shipyard Baglietto to build him a boat that was “faster than any other motoryacht on the water.” During its maiden voyage, Cujo had largely achieved this goal thanks to its twin 54-liter V-18 turbo diesel engines, which provided 2,700 horsepower and allowed it to easily hit 46 miles per hour. Von Neumann eventually sold the boat to arms dealer Adnan Khashoggi, who later passed the boat to Dodi Fayed, his nephew.

Though Princess Diana was among the most notable guests onboard, other high-profile passengers hosted by Fayed included Clint Eastwood, Tony Curtis, Bruce Willis, and Brooke Shields. 

Describe your favourite Yatch Vacation / Destination

Your advice or tips to future yatch enthusiasts

However, the boat’s story came to a dramatic end last summer, when it sunk off the coast of France, as reported by The Independent. According to a Facebook post from the Gendarmerie des Alpes-Maritimes, a division of the French military, passengers issued a distress call at around 12:30 local time on July 29, 2023. A little under an hour later, a rescue boat arrived, finding the vessel’s bow already partially submerged. “The cabins of the yacht were already flooded, and only a few suitcases located in the kitchen and on the deck could be retrieved by the gendarmes,” reads the statement. The seven passengers who were on board had already evacuated and were safely on a nearby lifeboat. Rescuers and passengers then quickly left the area, as the boat sank 2,500 feet to the ocean’s floor. The cause of the accident was not shared; however, according to Boat International, sources claimed that the ship hit an unknown object floating near the center of the hull.


Those who watch The Crown will be unsurprised to learn that the interiors of Jonikal, which has since been renamed Isabell Princess Of The Sea by a new owner, are just as lavish as those depicted in the look-alike on the show. Inside, the ship boasts nine staterooms, a formal dining room, bar, office space, swim platform, sun deck, and Jacuzzi. Designed by navel architect Vincenzo Ruggiero in the 1980s, coffered ceilings and dark wood paneling draw inspiration from the Arts and Crafts movement of the early 1900s.

In his memoir, Prince Harry remembers his experience on the yacht as idyllic. “There was much laughter, horseplay, the norm whenever Mummy and Willy and I were together, though even more so on that holiday,” he writes. “Everything about that trip to St. Tropez was heaven. The weather was sublime, the food was tasty, Mummy was smiling.”

PERSONALITY TO WATCH OUT FOR

Olivia Walker

Editor in Chief

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Tess Anderson

Art Director

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Dan Mitchell

Assistant Manager

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Noah Patterson

Programming Editor

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Reflecting on the grlorious past
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INTERESTING FACTS

Interesting Facts

The disappearence of Trinity Voyage Ship

Did you know what happened with the Trinnity Voyage ship?

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Wikimedia

30 Jul 2024

Treasure Hunt gone wrong

What happened wih the ship that left for a treasure hunt in the South Pacific Sea

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Wikipedia

30 Jul 2024

THIS MONTH THAT YEAR

This Month That Year

AUGUST 2000

THE TRAGIC SINKING OF “KURSK” RUSSIAN NUCLEAR SUBMARINE IN AUG 2000

The Kursk Nuclear Submarine disaster is counted amongst one of the most tragic naval disasters in the history of mankind, killing all the 118 Russian personnel on-board.

On the morning of 12th August, 2000 the Russian nuclear-powered Project 949A Antey (Oscar II Class) submarine named Kursk was taking part in a major naval exercise in Summer-X, held in Russia in over a decade of the dissolution of the Soviet Union.

It took more than 16 hours to locate the submarine, which/h rested on the ocean floor at a depth of 108 metres (354 ft).

Multiple security lapses and violation of safety protocols, took place on every front resulting in the absolute failure of the Checks-&-Balances systems put in place to prevent any disaster.

An official investigation concluded that the reasons behind the accident. It detailed the possible reasons as follows:

·  Explosion in the inner and outer tube doors: When the crew loaded a dummy 65-76 "Kit" torpedo, a faulty weld in its casing leaked High-Test Peroxide (HTP) inside the torpedo tube, initiating a catalytic explosion. The hypothesis was challenged by the torpedo manufacturer, insisting that its design would prevent the kind of event described. The explosion blew off both the inner and outer tube doors, igniting a fire, destroying the bulkhead between the first and second compartments, damaging the control room in the second compartment, and incapacitating or killing the crew present in the torpedo room and control-room.

·  More Explosions follow: Two minutes and fifteen seconds after the first explosion, another five to seven torpedo warheads exploded, which tore a large hole in the hull of the submarine. The bulkheads collapsed between the first three compartments and all the decks, it destroyed the fourth compartment and killed everyone still alive, forward of the sixth compartment.

·  A freak accident killed the remaining crew members after six hours of the initial explosion: Analysts concluded that 23 sailors took refuge in the small ninth compartment and survived for more than six hours. When the oxygen began to run low, they attempted to replace a potassium superoxide chemical oxygen cartridge in a last ditch effort to survive, but it fell into the oily seawater and exploded on contact. The resulting fire killed several crew members and triggered a flash fire that used-up the remaining oxygen, leading to the suffocation of the remaining survivors in the submarine.

·  A nuclear disaster was averted: Despite multiple explosions in the submarine, the nuclear reactors shut down safely, averting another major nuclear disaster after Chernobyl.

Mamoet, a Dutch company was awarded a salvage contract in May 2001. Within a three-month period, this company and its subcontractors designed, fabricated, installed, and commissioned over 3,000 t (3,000 long tons; 3,300 short tons) of custom-made equipment. A barge was modified and loaded with the equipment, which arrived in the Barents Sea in August. After October 3, 2001, some 14 months after the accident, the hull was raised from the seabed floor and hauled to a dry dock. The salvage team recovered all but the bow of the submarine, including the remains of 115 sailors, who were later buried in Russia.

The Russian Government and the Russian Navy were intensely criticised over the incident and their responses. A four-page summary of a 133-volume, top-secret investigation revealed "stunning breaches of discipline, shoddy, obsolete and poorly maintained equipment", and "negligence, incompetence, and mismanagement". It concluded that the rescue operation was unjustifiably delayed, further adding that the Russian Navy was completely unprepared to respond to the disaster.

TALES FROM THE HIGH SEAS

Captain Valeria

How I managed to evade an out of control vessel approaching at breakneck speed

It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

25 July 2024

Captain Valeria

How I managed to evade an out of control vessel approaching at breakneck speed

It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

25 July 2024

OUR STORY

Our Story

The Aqua Times is a leading maritime news website providing the latest news and exclusive interviews related to the maritime industry. Since our inception in 2000, we have been committed to delivering insightful and innovative solutions to enhance our users' experience. To provide superior solutions, we dedicate our time and resources to researching market needs and user habits and motives. Our team of engineers, programmers, designers, and marketing experts work tirelessly to become the industry standard for maritime news. Contact us to learn more.

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